Including the disturbing new #SuperCongress...
from cbsnews: President Obama signed a hard-fought, last-minute compromise bill to avert economic catastrophe Tuesday, saying the deal to cut spending and increase the nation's $14.3 trillion debt limit marked an "important first step to ensuring that as a nation we live within our means." The bill, he said, was the outcome of a "long and contentious debate" to avoid a man-made economic disaster that he described as creating "unsettling" economic uncertainty. He said that while voters chose divided government, "they sure didn't vote for dysfunctional government."
Related Econocrash Opdates:
Satire: Drunken Ben Bernanke tells everyone at neighborhood bar how screwed the US economy really is*
The Committee of 13 & The debt ceiling deal from hell*
US eats up most of debt limit in one day*
US borrowing tops 100% of GDP*
Moody's confirms US AAA rating; Meanwhile, food stamp use rises to record*
Georgia & Colorado bank failures cost US $2.5B*
Howard Stein, who helped teach public to invest, dies at 84*
US govt sues UBS for $900M, charging mortgage fraud*
Reid announces deal to end FAA shutdown*
Dow plunges 512 points: Here's what's bothering the stock market*
Video: Pelosi on House floor - 'Novus Ordo Seclorum'*